Urban Growth and Transportation
Loading...
Penn collection
Real Estate Papers
Degree type
Discipline
Subject
urban growth
transportation
interstate highways
instrumental variables
Economics
Real Estate
transportation
interstate highways
instrumental variables
Economics
Real Estate
Funder
Grant number
License
Copyright date
Distributor
Related resources
Author
Duranton, Gilles
Turner, Matthew A
Contributor
Abstract
We estimate the effects of interstate highways on the growth of US cities between 1983 and 2003. We find that a 10% increase in a city's initial stock of highways causes about a 1.5% increase in its employment over this 20 year period. To estimate a structural model of urban growth and transportation, we rely on an instrumental variables estimation which uses a 1947 plan of the interstate highway system, an 1898 map of railroads, and maps of the early explorations of the US as instruments for 1983 highways.
Advisor
Date Range for Data Collection (Start Date)
Date Range for Data Collection (End Date)
Digital Object Identifier
Series name and number
Publication date
2012-01-01
Journal title
The Review of Economic Studies